Paltown Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 90,656 | 74,745 | 15,911 | 6.6 | — |
| 2018 | 208,543 | 190,389 | 18,154 | 3.7 | 45% |
| 2019 | 428,141 | 283,010 | 145,131 | 8.7 | 31% |
| 2020 | 440,321 | 407,396 | 32,925 | 7.3 | 31% |
| 2021 | 566,467 | 563,801 | 2,666 | 5.4 | 35% |
| 2022 | 699,508 | 644,290 | 55,218 | 5.6 | 27% |
| 2023 | 704,970 | 779,552 | −74,582 | 3.1 | 33% |
In its most recent public year (2023), this organization spent $74,582 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 6.6 in 2017. Staff pay was 33% of spending. $3,029 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Paltown Development Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works